David O. drops new rules on uncool debtsettlement practices

David O. drops new rules on uncool debtsettlement practices
It's something Greg Elsby, executive director for Credit Counselling Service of Sault Ste. Marie, has seen many times before. A person in debt reaches out to a for-profit debt-settlement agency — which promises to settle their debt — but ends up in …
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Credit card debt relief scam shut down after customers lose millions
A federal court has halted a nationwide debt relief telemarketing operation that the Federal Trade Commission and Florida's attorney general's office claim swindled millions of dollars from debt-laden consumers. … Short and his wife, Karissa L. Dyar …
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Avoid Debt by Degrees
This is due in no small part to a media that obsessively focuses on extremely high-debt borrowers, cases that make for a good story but are frequently unrepresentative of most borrowers. As a result, we sometimes miss solutions that might make a big …
Read more on U.S. News & World Report

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